Author: IA PressRoom

CNN  —  Republican presidential candidate Nikki Haley participated in a CNN town hall in Iowa on Sunday. Though the former South Carolina governor correctly cited a variety of facts and figures, not everything she said was accurate. Haley falsely claimed, as she has before, that crime is at an all-time high. While speaking about Covid-19, she falsely claimed that all medications on drugstore shelves are made in China. She also exaggerated the amount of unspent Covid-19 relief money. Here is a fact check of those claims and several others made by the former US ambassador to the United Nations. Haley…

ssuaphoto/iStock via Getty Images Oil and gas stocks failed to maintain initial gains in early trading Monday after Saudi Arabia pledged to cut oil production by an additional 1M bbl/day and OPEC+ agreed to extend their current production targets through 2024. Brent crude oil (CO1:COM) for August delivery +0.9% to $76.80/bbl, pulling back from earlier gains exceeding 3%, and WTI crude oil (CL1:COM) for July delivery +0.7% to $72.27/bbl. Big oil stocks are decidedly mixed in early trading, including Chevron (CVX) +0.4%, Exxon Mobil (XOM) +0.1%, ConocoPhillips (COP) -0.2%, Marathon Oil (MRO) -0.8%, Ovintiv (OVV) +1.9%. ETFs: (NYSEARCA:XLE), (NYSEARCA:XOP), (VDE),…

Jesse Collier used a travel hack called “skiplagging” to find cheaper tickets for her vacation. She purchased a flight with a layover, but skipped the second leg to get off in the layover city. Collier details how she got separated from her luggage and spent her vacation in the same clothes she boarded the plane in. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app What are you willing to do to save a buck in travel? Some might rough it up in a hostel,…

Married couple discussing financial plans in the dining room at home.getty More than ever, mortgage borrowers are looking for ways to manage the amount of interest they pay. The Federal Reserve has raised the short-term fed funds rate resulting in average mortgage rates to more than double since 2021. In the search for interest relief, we have seen an increase in borrowers looking at their options, and one such common option is to pay more in mortgage discount points. Mortgage discount points are a one-time cost paid to the lender in exchange for a lower interest rate on a home…

Opec+ looks more like a minus for Saudi Arabia. The oil cartel is doing nothing to help the Gulf state lift oil prices. Blame the export surge from newcomer Russia. Sunday’s meeting of the expanded cartel went badly. Opec+ members such as Nigeria and Angola balked at a proposal to cut output quotas for the rest of 2023. That forced Saudi Arabia’s energy minister Prince Abdulaziz bin Salman to propose a Saudi-only 1mn-barrel daily cut for July alone. He threatened to extend the cut, but bulls had hoped for tougher action. Brent crude prices accordingly rose just 1.5 per cent…

© Reuters. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque (Reuters) – The United States issued new Russia-related sanctions on Monday, the Treasury Department’s website showed. The sanctions target seven Russian individuals and one Russian entity, the website showed.

© Reuters Investing.com — Oil prices soared Monday after Saudi Arabia, the world’s largest exporter, pledged over the weekend to cut production by a further million barrels per day from July in an attempt to support a market hit by macroeconomic headwinds. By 09:05 ET (13:05 GMT), futures traded 2.5% higher at $73.53 a barrel, while the contract rose 2.3% to $77.88 a barrel. Saudi Arabia, the de facto leader of the group of top producers known as OPEC+, announced on Sunday that the kingdom’s output would drop to 9 million barrels a day in July from around 10 million…

Source: UnsplashAs Sybil farming ahead of anticipated airdrops is becoming increasingly popular in the cryptosphere, Hop Protocol is unveiling a new initiative under which it will reward Sybil hunters for their diligence in combating Sybil attackers who target such airdrops. Sybil attacks are carried out by persons who set up numerous accounts on selected blockchain projects which are moving towards token airdrops, and subsequently attempt to collect as many tokens as possible.“When the Hop DAO was launched, Sybil hunters submitted reports that ultimately removed Sybil attackers from the HOP airdrop, resulting in the DAO keeping almost 3.5 million tokens that would…

FARGO, N.D. – EXCLUSIVE – Former software company CEO turned two-term North Dakota Gov. Doug Burgum is described as a “small town boy turned self-made, world-class business leader” and “a new leader for a changing economy” in a video released ahead of his expected Republican presidential campaign launch this week.”Anger, yelling, infighting, that’s not going to cut it anymore,” Burgum says as he points to the political dysfunction in the nation’s capital. “Let’s get things done. In North Dakota, we listen with respect, and we talk things out. That’s how we can get America back on track. It will work,” the…

A previous version of this report incorrectly described a planned oil production cut. The article has been corrected.Hunting for optimists the Monday after an explosive jobs and debt-ceiling fueled relief rally that sent the S&P 500 SPX, +0.21% to the edge of a bull market, is proving a little tough. That said, there’s nothing horrible in the setup, with tech just a little softer as oil is up after Saudi Arabia pledged another production cut. “This is an unloved rally for sure – SPX above 4,200 and out of the [4,000-4,200] range just as the VIX VIX, +3.63% drops to…